19 states against esg investments

The Republican Governors from these 19 states: Alabama, Alaska, Arkansas, Florida, Georgia, Idaho, Iowa, Mississippi, Missouri, Montana, Nebraska, New Hampshire, North Dakota, Oklahoma, South Dakota, Tennessee, Utah, West Virginia, and Wyoming ; have formed the Alliance Against ESG Investing.

DeSantis has a 7 point plan to combat ESG in Florida. He laid it out in his Alliance Press Release. Why does this sound like he’s trying to create his own group of self–identified super heroes?

• Prohibiting big banks, trusts, and other financial institutions from discriminating against customers for their religious, political, or social beliefs — including their support for securing the border, owning a firearm, and increasing our energy independence.
• Prohibiting the financial sector from considering so called “Social Credit Scores” in banking and lending practices that aim to prevent Floridians from obtaining loans, lines of credit, and bank accounts.
• Prohibiting banks that engage in corporate activism from holding government funds as a Qualified Public Depository (QPD).
• Prohibiting the use of ESG in all investment decisions at the state and local level, ensuring that fund managers only consider financial factors that maximize the highest rate of return.
• Prohibiting all state and local entities, including direct support organizations, from considering, giving preference to, or requesting information about ESG as part of the procurement and contracting process.
• Prohibiting the use of ESG factors by state and local governments when issuing bonds, including a contract prohibition on rating agencies whose ESG ratings negatively impact the issuer’s bond ratings.
• Directing the Attorney General and Commissioner of Financial Regulation to enforce these provisions to the fullest extent of the law.

Governor Ron DeSantis Leads Alliance of 18 States to Fight Against Biden’s ESG Financial Fraud